Navneet Education Ltd. News and Updates

Name: Latest research reports of Navneet Education Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Navneet Education Ltd.
Rating: 5
Author: ICICI Securities Limited

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Navneet Education Ltd.

10 Nov 2021

142.27

-1.48%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

ICICI Securities Limited

Over the years, the company has built a strong brand in the educational content & scholastic stationery In the state boards of Maharashtra and Gujarat, the company has a market...

Navneet Education Ltd. has an average target of 149.00 from 1 broker.

Navneet Education Ltd.

03 Nov 2021

142.27

-1.48%

Accumulate Navneet Education; target of Rs 123: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended accumulate rating on Navneet Education with a target price of Rs 123 in its research report dated November 02, 2021.

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 149.0 on 21 May, 2025.

Navneet Education Ltd.

02 Nov 2021

142.27

-1.48%

Q2FY22 Result Update - 2H to witness improved traction - ACCUMULATE

Accumulate: Navneet Education Ltd.

Target

Prabhudas Lilladhar

Focus on scaling Ed-Tech is clearly evident. & stationary sales amid staggered re-opening of higher grades (8-12th) due to declining COVID cases. Management hinted that publishing & stationary revenue will be better than FY21 and can breach pre-COVID levels in FY23. NELI has lined up aggressive expansion plans in the Ed-Tech space with a...

Navneet Education Ltd. is trading above its 150 day SMA of 140.1

Navneet Education Ltd.

04 Jun 2021, 11:19AM

142.27

-1.48%

Buy Navneet Education; target of Rs 100: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Navneet Education recommended buy rating on the stock with a target price of Rs 100 in its research report dated Jun 02, 2021.

Number of FII/FPI investors increased from 69 to 76 in Mar 2025 qtr.

Navneet Education Ltd.

02 Jun 2021

142.27

-1.48%

Accumulate Navneet Education target of Rs 92: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended accumulate rating on Navneet Education with a target price of Rs 92 in its research report dated May 31, 2021.

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 149.0 on 21 May, 2025.

Navneet Education Ltd.

02 Jun 2021

142.27

-1.48%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

ICICI Securities Limited

Navneet reported mixed Q4FY20 results wherein revenues were impacted by Covid-19 disruptions while better gross margins supported PAT growth. Revenue for the quarter declined 15.6% YoY to | 207.2 crore (publication: 10% to | 55.9 crore, stationery: -17.5% to | 151.0 crore). According to the management, due to lockdown company, lost revenues worth | 54 crore (publication: | 10 crore, stationery: | 44 crore). Gross margins improved substantially by 950 bps YoY to 61.6% owing to benefits of a decline in paper prices (~600 bps) and favourable product mix for stationery exports. EBITDA grew 16% YoY to | 32.7 crore with margin expansion of 430 bps...

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 149.0 on 21 May, 2025.

Navneet Education Ltd.

18 Nov 2020

142.27

-1.48%

Accumulate Navneet Education; target of Rs 93: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended accumulate rating on Navneet Education with a target price of Rs 93 in its research report dated November 11, 2020.

Navneet Education Ltd. is trading above its 150 day SMA of 140.1

Navneet Education Ltd.

13 Aug 2020

142.27

-1.48%

Q1FY21 Result Update - NEP provides long term visibility - Accumulate

Accumulate: Navneet Education Ltd.

Recommendation Target

Prabhudas Lilladhar

We cut our sales/PAT estimates by 7.7%/6.0% for FY21E as 1) in a truncated academic year, recouping the entire lost sales of 1Q (strongest quarter) can be a challenge 2) domestic stationary business is expected to suffer due to delay in opening of schools 3) exports stationary business has witnessed some order cancellations and revenue is expected to be flat and 4) ILL business can face growth headwinds as penetrating newer schools can get difficult in such an environment. However, our FY22E estimates are more or less unchanged as we expect normalcy to resume by next academic cycle....

Navneet Education Ltd. is trading below its 30 day SMA of 143.5

Navneet Education Ltd.

19 Jun 2020

142.27

-1.48%

Buy Navneet Education; target of Rs 95: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Navneet Education has recommended buy rating on the stock with a target price of Rs 95 in its research report dated June 15, 2020.

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 149.0 on 21 May, 2025.

Hold Navneet Education; target of Rs 89: Prabhudas Lilladher

Moneycontrol | 19 Jun 2020

Navneet Education Ltd.

04 Feb 2020

142.27

-1.48%

Navneet Education Ltd

Buy: Navneet Education Ltd.

Target

ICICI Securities Limited

With limited changes in the FY21 syllabus for Maharashtra, the outlook for the publication segment stays subdued in the near term. The company is seeking acquisition opportunities to enhance its geographical reach to other states (with acquisition size of ~| 100 crore). The management expects Indiannica (recent acquisition in CBSE curriculum) to achieve breakeven in FY20E (vs. EBITDA loss of | 19.7 crore in FY19) owing to introduction of new workbooks, content, reduction in fixed overheads, enhanced marketing spends. We build in revenue CAGR of 13% in FY19-21E, driven by 5%, 23%...

Prabhudas Lilladhar decreased Hold price target of Navneet Education Ltd. to 149.0 on 21 May, 2025.

Is Navneet Education Ltd. worth buying?

101 Votes:

Buy 79.21%

Sell 12.87%

Hold 7.92%

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